Cal. Gov. Code § 63077

Current through the 2023 Legislative Session.

Section 63077 - Purchase by bank, trust or sponsor

The bank, a special purpose trust, or any sponsor or participating party may, out of any funds available therefor, purchase their respective bonds. The bank and a special purpose trust may hold, pledge, cancel, or resell their bonds, subject to and in accordance with agreements with bondholders.

Ca. Gov. Code § 63077

Amended by Stats. 1995, Ch. 863, Sec. 33. Effective January 1, 1996.